GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Femsa SAB de CV (FRA:CFSL) » Definitions » Cyclically Adjusted PB Ratio

Coca-Cola FemsaB de CV (FRA:CFSL) Cyclically Adjusted PB Ratio : 2.56 (As of May. 05, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Coca-Cola FemsaB de CV Cyclically Adjusted PB Ratio?

As of today (2024-05-05), Coca-Cola FemsaB de CV's current share price is €90.50. Coca-Cola FemsaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €35.29. Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio for today is 2.56.

The historical rank and industry rank for Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:CFSL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 1.73   Max: 5.95
Current: 2.26

During the past years, Coca-Cola FemsaB de CV's highest Cyclically Adjusted PB Ratio was 5.95. The lowest was 0.03. And the median was 1.73.

FRA:CFSL's Cyclically Adjusted PB Ratio is ranked worse than
50.65% of 77 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.26 vs FRA:CFSL: 2.26

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Coca-Cola FemsaB de CV's adjusted book value per share data for the three months ended in Mar. 2024 was €31.455. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €35.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola FemsaB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coca-Cola FemsaB de CV Cyclically Adjusted PB Ratio Chart

Coca-Cola FemsaB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.09 1.35 1.73 2.39

Coca-Cola FemsaB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.09 1.93 2.39 2.52

Competitive Comparison of Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio falls into.



Coca-Cola FemsaB de CV Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=90.50/35.29
=2.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Coca-Cola FemsaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Coca-Cola FemsaB de CV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=31.455/151.0167*151.0167
=31.455

Current CPI (Mar. 2024) = 151.0167.

Coca-Cola FemsaB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.007 96.609 46.906
201409 30.995 97.652 47.933
201412 28.041 99.469 42.573
201503 28.080 99.973 42.417
201506 27.539 99.382 41.847
201509 25.443 100.112 38.380
201512 26.978 101.588 40.104
201603 25.575 102.573 37.654
201606 25.361 101.905 37.584
201609 25.330 103.084 37.108
201612 27.092 105.002 38.964
201703 27.412 108.063 38.308
201706 26.247 108.339 36.587
201709 26.208 109.628 36.103
201712 25.102 112.114 33.812
201803 23.886 113.505 31.780
201806 24.009 113.373 31.981
201809 25.122 115.130 32.953
201812 26.625 117.530 34.211
201903 25.772 118.050 32.969
201906 26.810 117.848 34.356
201909 26.937 118.581 34.305
201912 27.924 120.854 34.893
202003 22.288 121.885 27.615
202006 21.985 121.777 27.264
202009 21.731 123.341 26.607
202012 22.989 124.661 27.849
202103 21.210 127.574 25.108
202106 22.518 128.936 26.374
202109 22.988 130.742 26.553
202112 24.961 133.830 28.167
202203 25.259 137.082 27.827
202206 26.291 139.233 28.516
202209 28.790 142.116 30.593
202212 28.899 144.291 30.246
202303 0.000 146.472 0.000
202306 30.040 146.272 31.014
202309 31.809 148.446 32.360
202312 32.665 151.017 32.665
202403 31.455 151.017 31.455

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Coca-Cola FemsaB de CV  (FRA:CFSL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Coca-Cola FemsaB de CV Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Coca-Cola FemsaB de CV's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Coca-Cola FemsaB de CV (FRA:CFSL) Business Description

Address
Calle Mario Pani Number 100, Santa Fe Cuajimalpa, Cuajimalpa de Morelos, Ciudad de Mexico, DF, MEX, 05348
Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in unit case volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through on-trade and off-trade channels, including retailers and food-service providers. Mexico and Brazil make up 80% of total sales for Coca-Cola Femsa, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% and 28% of economic interests in Coca-Cola Femsa, through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the respective voting rights.

Coca-Cola FemsaB de CV (FRA:CFSL) Headlines

No Headlines